The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Khaitan & Co LLP

ONE INDIABULLS CENTRE, 13TH FLOOR, TOWER 1, 841 SENAPATI BAPAT MARG, MUMBAI 400 013, INDIA
Tel:
Work +91 22 6636 5000
Fax:
Fax +91 22 6636 5050
Email:
Web:
www.khaitanco.com
Bangalore, Kolkata, Mumbai, New Delhi

India

Antitrust and competition
Antitrust and competition - ranked: tier 1

Khaitan & Co.

The practice at Khaitan & Co. has ‘a personable, straightforward style’, and provides ‘outstanding quality of advice and response times’. ‘Strong litigator’ Manas Kumar Chaudhuri represented Alkem Laboratories in its successful appeal of a CCI penalty order before the Competition Appellate Tribunal, and Avaantika Kakkar, who has ‘strong negotiation skills’, advised Reliance Communications and Aircel on their pre-merger notification to the CCI. Executive director Arshad (Paku) Khan, associate partner Sagardeep Rathi, and ‘meticulous’ senior associate Dhruv Rajain, who has ‘impeccable knowledge’, are also noted.

Leading individuals

Avaantika Kakkar - Khaitan & Co.

Manas Kumar Chaudhuri - Khaitan & Co.

Next generation lawyers

Dhruv Rajain - Khaitan & Co.

[back to top]

Banking and finance
Banking and finance - ranked: tier 1

Khaitan & Co.

Khaitan & Co. advises a range of major corporates, banks and financial institutions on the full spectrum of financing transactions, and has notable expertise in aviation finance, debt restructuring and regulatory issues. Devidas Banerji is a key practitioner, and recently assisted a consortium of lenders including Citibank, ICICI Bank and Bank of Tokyo-Mitsubishi with a £385m loan to Accord Healthcare. Shishir Mehta is also recommended along with name partner Haigreve Khaitan.

Leading individuals

Haigreve Khaitan - Khaitan & Co.

Next generation lawyers

Manisha Shroff - Khaitan & Co.

[back to top]

Capital markets
Capital markets - ranked: tier 1

Khaitan & Co.

Khaitan & Co. has significant capabilities in equity, debt, derivatives and securitisation, and has recently advised on a broad spectrum of marquee transactions across all areas. Notable examples include advising Mahanagar Gas on its IPO with an aggregate value of INR10m, where Gail (India) and BG Asia Pacific were the selling shareholders; acting for Hindalco Industries on its qualified institutional placement of 176 million equity shares; and advising Music Broadcast on its INR5m IPO. The firm also retains a solid client base of lenders and investors, and recently advised International Finance Corporation (IFC) on its INR6k crore Maharaja bond programme, which is listed on the NSE in India. Sudhir Bassi and Nikhilesh Panchal, who has notable cross-border expertise, are the key names.

Leading individuals

Ravi Kulkarni - Khaitan & Co.

Next generation lawyers

Aditya Cheriyan - Khaitan & Co.

Madhur Kohli - Khaitan & Co.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Khaitan & Co.

The ‘professional and responsive’ team at Khaitan & Co. provides ‘an excellent level of service’ and is ‘very commercial in its approach, bringing a good understanding of the political and business environment in India’. The ‘very impressive’ Haigreve Khaitan recently advised Aircel and its shareholder Maxis Communications Berhad on the merger of its wireless telecoms business with Reliance Communications, a matter valued at approximately $2.3bn. Rabindra Jhunjhunwala specialises in cross-border mergers, and Bharat Anand heads the firm’s corporate advisory practice.

Leading individuals

Haigreve Khaitan - Khaitan & Co.

Next generation lawyers

Atul Pandey - Khaitan & Co.

Pooja Patel - Khaitan & Co.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Khaitan & Co.

Khaitan & Co. acts for a mix of domestic and international clients including banks, private equity funds, major corporates and high net-worth individuals, advising on the full array of corporate, banking, competition and fraud-related disputes, among other areas. The group has substantial experience appearing before various fora; recent highlights include representing NTT Docomo in a dispute regarding the validity and enforceability of a shareholders’ agreement entered into with Tata Sons, a matter handled before the LCIA, and acting for a number of pharmaceutical companies in a challenge to the fixed-dose combination drug ban before the Delhi High Court. Ajay Bhargava and Chakrapani Misra are the names to note.

[back to top]

Insurance
Insurance - ranked: tier 1

Khaitan & Co.

Khaitan & Co.’s ‘extremely responsive and knowledgeable’ team advises on regulatory and compliance matters, M&A and the market-entry aspects of insurance law. It assisted Prudential Corporation Holdings with the IPO of shares in ICICI Prudential Life Insurance. Haigreve Khaitan, Anuj Sah and Nikhil Narayanan, who is ‘very commercial’ and ‘offers immediate solutions’, are the key contacts. Senior associate Rohit Ambast is also noted.

Leading individuals

Nikhil Narayanan - Khaitan & Co.

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

Khaitan & Co.

Led by Adheesh Nargolkar, Khaitan & Co. provides ‘good industry knowledge’ and ‘an effective and prompt service’. The team provides a full service across the life cycle of IP matters, including patents, designs, trade marks, copyrights and confidential information mattters. Counsel Shailendra Bhandare advised Novartis on customs suspension of goods proceedings concerning trade marks and associate partner Nishad Nadkarni advised L’Oréal India on matters under the Biological Diversity Act.

Leading individuals

Adheesh Nargolkar - Khaitan & Co.

Next generation lawyers

Shailendra Bhandare - Khaitan & Co.

[back to top]

Investment funds
Investment funds - ranked: tier 1

Khaitan & Co.

Khaitan & Co. advises domestic and international private equity funds and hedge funds on structuring operations, with particular strengths advising on fund formation. Siddharth Shah and Bijal Ajinkya led the team acting as fund counsel for Piramal Ivanhoe Residential Equity Fund and advised Sundaram Asset Management Company on the structuring and regulatory aspects of its establishment of Sundaram Alternative Opportunities Fund Nano Cap Series I. Divaspati Singh and Vivek Mimani were promoted to associate partner.

Leading individuals

Siddharth Shah - Khaitan & Co.

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

Khaitan & Co.

The ‘flexible’, ‘responsive’, and ‘knowledgeable’ team at Khaitan & Co. draws from its partners’ expertise in other practice areas, including tax, white-collar criminal defence and disputes, to provide multi-disciplinary advice to clients. Anshul Prakash advised 3M on Gemalto’s acquisition of the client’s identity management business, which included providing strategic advice and assisting with the transfer of employees. Associate partner Vinay Joy and Diwakar Maheshwari, who stands out for his ‘quick response times’, ‘comprehensive research’ and ‘quality advice’, are also recommended.

[back to top]

Projects and energy
Projects and energy - ranked: tier 1

Khaitan & Co.

Khaitan & Co. provides ‘an excellent level of service’ and ‘is very commercial in its approach’, and the team ‘has a good understanding of the political and business world in India, along with the various issues which can impact a deal’. The firm has significant expertise in project and structured financing, sector-specific M&A, bid support and regulatory matters, and has recently handled a range of deals within India’s burgeoning renewables market. Recent work included advising Tenaga Nasional Berhad on its acquisition of a 30% stake in GMR Energy, and acting for ICICI Bank on its provision of a rupee term loan for the refinancing of existing project loans. Dibyanshu Sinha heads the practice.

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 1

Khaitan & Co.

Sudip Mullick heads the practice at Khaitan & Co., which delivers ‘business acumen’ and ‘industry knowledge’. The team has demonstrable strengths in dispute resolution, and also advises on transactions, construction contracts, and the implications of the Real Estate (Regulation and Development) Act. Mullick and Abhishek Sharma advised Mahindra Family Trust-II on the acquisition of a bungalow and land in Malabar Hill. Savita Singh and principal associate Harsh Parikh are also recommended.

Leading individuals

Sudip Mullick - Khaitan & Co.

Next generation lawyers

Harsh Parikh - Khaitan & Co.

[back to top]

TMT
TMT - ranked: tier 2

Khaitan & Co.

The team at Khaitan & Co. assisted Aircel and its shareholder Maxis Communications Berhad with the merger of the entire wireless telecoms business of Reliance Communications and Reliance Telecom into Aircel and Dishnet Wireless, and provided regulatory advice to Accenture Solutions on the use of satellite phones in India. Corporate lawyer Sharad Abhyankar and private equity investments-focused Ganesh Prasad are recommended, as is associate partner Harsh Walia.

Next generation lawyers

Harsh Walia - Khaitan & Co.

[back to top]

Tax
Tax - ranked: tier 1

Khaitan & Co.

The ‘excellent’ practice at Khaitan & Co. is led by executive directors Daksha Baxi, Nihal Kothari and Dinesh Agrawal. The team ‘quickly gets up to speed’ and provides ‘accurate and commercially sound advice’, and the ‘hard-working’ and ‘responsive’ Sanjay Sanghvi represented Mahindra-BT Investment Company (Mauritius) before the Authority for Advance Rulings regarding the India-Mauritius tax treaty. Bijal Ajinkya is ‘technically astute’. Shabnam Shaikh has ‘a nuanced understanding of legal arguments’ and fellow principal associate Aditi Sharma is ‘performing at partner level’.

Next generation lawyers

Shabnam Shaikh - Khaitan & Co.

[back to top]

White-collar crime
White-collar crime - ranked: tier 1

Khaitan & Co.

The ‘flexible and knowledgeable’ team at Khaitan & Co. has ‘excellent legal knowledge’, and is ‘always willing to accommodate the client’s needs’. The firm advises on investigations by government agencies including the Central Bureau of Investigation, the Enforcement Directorate and the Serious Fraud Investigation Office, regularly handling matters involving bribery, corporate fraud and money laundering. Litigation partner Susmit Pushkar heads the team.

[back to top]


Further information on Khaitan & Co LLP

Please choose from this list to view details of what we say about Khaitan & Co LLP in other jurisdictions.

India

Offices in Mumbai, New Delhi, Bangalore, and Kolkata

Legal Developments by:
Khaitan & Co LLP

  • SEBI’s Jurisdiction | Analysis of the Supreme Court judgment in the Sahara case

    The Securities and Exchange Board of India (SEBI) is responsible for investor protection and development and regulation of the securities market in India. The scope of SEBI’s jurisdiction over the issue of securities by public companies is an important issue. This issue was recently considered by the Supreme Court in Sahara India Real Estate Corporation Ltd. and Ors. v. Securities and Exchange Board of India and Anr., MANU/SC/0702/2012; (2012) 8 SCALE 101. This article analyses this judgment and its implications.
    - Khaitan & Co.

Legal Developments in India

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • BRAND-JACKING

    WHAT IS BRANDJACKING?
  • Post Marketing Surveillance of Drugs

    Post marketing surveillance is performed after market approval/clinical trials of drugs in India. The regulatory framework for conducting clinical trials of drugs is provided under the Drugs and Cosmetics Act, 1940 (“ Act ”) and the Drugs and Cosmetics Rules, 1945 (“ Rules ”). Further, Part X-A and Schedule Y of the Rules specifically deal with the statutory provisions applicable for clinical trial of drugs in India. Schedule Y divides Clinical trial of drugs into 4 Phases, namely, Human Pharmacology (Phase-I), Therapeutic exploratory trials (Phase-II), Therapeutic confirmatory trials (Phase III) and Post Marketing Trials (Phase-IV).
  • Protection of Biotechnology under Indian Laws

    According to the eighth annual survey conducted by the Association of Biotechnology-Led Enterprises (ABLE) and Bio Spectrum, the Indian biotech industry grew threefold in just five years to report revenues of US$ 3 billion in 2009-10, a rise of 17 per cent over the previous year. Maintaining the momentum of the previous years, the Indian biotech industry grew 16.28 per cent in FY2014; the total industry size was US$ 5 billion at the end of the financial year and it reached US$ 7 billion in FY2015. Fast-paced growth is likely to continue; the industry is expected to increase in size to USD11.6 billion by 2017, driven by a range   of factors such as growing demand, intensive R & D activities and strong government initiatives ( http://www.ibef.org/industry/biotechnology-india.aspx )
  • Cabinet Approves India’s IPR Policy - “Creative India; Innovative India: रचनात्म??

    The Union Cabinet on 13 May 2016 approved the National Intellectual Property Right (IPR) policy roadmap ( http://dipp.gov.in/English/Schemes/Intellectual_Property_Rights/National_IPR_Policy_12.05.2016.pdf ) to foster creativity and innovation, promote entrepreneurship and enhance socio development, enhance access to healthcare, food security and environmental protection. The Policy recognizes the abundance of creative and innovative energies that flow in India, and the need to tap into and channelize these energies towards a better and brighter future for all.
  • Real Estate - India

    Real Estate - India
  • SEBI’s Jurisdiction | Analysis of the Supreme Court judgment in the Sahara case

    The Securities and Exchange Board of India (SEBI) is responsible for investor protection and development and regulation of the securities market in India. The scope of SEBI’s jurisdiction over the issue of securities by public companies is an important issue. This issue was recently considered by the Supreme Court in Sahara India Real Estate Corporation Ltd. and Ors. v. Securities and Exchange Board of India and Anr., MANU/SC/0702/2012; (2012) 8 SCALE 101. This article analyses this judgment and its implications.
  • Mainstreaming the Alternative: Issuance of NCDs

    Debt financing is a significant means for corporates to raise capital. Indian regulators have taken a number of steps to deepen the Indian debt market. Permission has been granted to foreign institutional investors (FIIs) and qualified foreign investors (QFIs) to invest in non-convertible debentures (NCDs) issued by Indian companies. This article summarises the legal and regulatory requirements for Indian companies to issue NCDs to FIIs and QFIs.
  • Options – Not a Part of History Yet

    At the time when India is completing two decades of the economic liberalization there are several laurels which the policymakers can boast of.   The path-breaking shift from the license-raj to a regime focusing on regulation introduced by the Government of India in the landmark year 1991 have been continued through further economic reforms and the same has also found support from the regulators and the market players.
  • Liberalization Back on Track with the Relaxation of Share Transfer Norms

    Soon after the rollback of the much criticized aspect of the Consolidated Foreign Direct Investment policy dated October 1, 2011 which treated foreign investments in Indian securities as external commercial borrowings in case such investments conferred options on the foreign investors, the policy makers have brought more good news for the investor community.
  • Franchising in India

    In the last two decades, India has witnessed a sea change in its foreign investment policy resulting in it being one of the most preferred investment destinations. With growing globalisation and liberalisation, brand awareness has been created in the Indian masses and today India is the one of the biggest and fastest emerging markets for various businesses across the world. Being geographically vast and culturally diverse, India offers the most favorable franchising environment with a huge consumer market. Franchising in this respect has managed to pick up as a successful business module for local companies in India.